BlackRock’s Fink sees AI shortages, not a bubble, as the bigger threat
BlackRock (BLK) CEO Larry Fink commented on the AI bubble, saying "The demand for compute is growing faster than supply. I don't see anything but a bubble. I see greater shortages."
Fink added, "Shortages of skilled trade, shortages of power and energy, shortages of chips, shortages of memory. The whole supply chain from the base of people working up until the most advanced computer chip."
Fink's main concern: Rather than a bubble, Fink said his worry is execution. “I’m more fearful that we’re not gonna be able to execute and fulfill the opportunity to make sure that America is the winner in this AI race.”
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